Author of 'SBF' on his Book's Subject, What Undid FTX, Future of Cryptos

The Contrarian Investor Podcast

This podcast episode was recorded on Monday, May 1, and released to premium subscribers a day later. To get early access to podcast recordings and take advantage of a host of other exclusive benefits, sign up to become a premium member at our Substack or Supercast.

Brady Dale joins the podcast to discuss his book, 'SBF: How the FTX bankruptcy unwound crypto's very bad good guy' and offer his thoughts on the present and future of cryptocurrencies.

Content Highlights

• Who is Sam Bankman-Fried exactly? Is he a crook? (Yeah, probably) Misunderstood? The author has known SBF for awhile and states that his subject was initially motivated by effective altruism, or EA ... (1:27);
• FTX was undone by its special treatment of Alameda. If it wasn't for that, "Sam would still be on the news all the time" today (10:54);
• Bankman-Fried's apparent misreading of crypto cycles led to ill-timed bets after Bitcoin hit an all-time high in November 2021 (14:26);
• In one of SBF's last conversations with the author, SBF claims he is unlikely to get a fair trial due to being proverbially hung already in the courts of opinion (17:59);
• Where does SBF rank among other financial market fraudsters? Perhaps Long Term Capital Management is the closest comparison... (23:52);
• Background on the guest, including what got him to write the book on SBF (34:03);
• Cryptos should eventually become a normal part of the economy. In many ways the story of SBF vindicates this (38:26);
• The world only really needs three blockchains: Bitcoin, Ethereum, and Dogecoin (44:28);
• Crypto regulation was supposed to have happened already, but it all seems to be talk (49:58).

More From Brady Dale

• Purchase the book from Wiley or Amazon;
• Twitter: @BradyDale;
• Subscribe to his Axios newsletter.